Stock Trend Analysis Report
Prepared for you on Thursday, February 22, 2018.
LEGACY RESERVES LP 8 SERIES A (NASDAQ:LGCYP)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for LGCYP
The long term trend has been DOWN since Dec 12th, 2017 at 4.2801
The intermediate term trend has been UP since Feb 22nd, 2018 at 6.2000
The short term trend has been UP since Feb 20th, 2018 at 5.4300
Smart Scan Analysis for LGCYP
Based on a pre-defined weighted trend formula for chart analysis, LGCYP scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||6.8||Year High Date||2018-01-24|
|Year Low||4.3842||Year Low Date||2018-01-03|
|52wk High||11.04||52wk High Date||2017-03-03|
|52wk Low||3.69||52wk Low Date||2017-12-15|